BusinessBUA Cement Also Received Border Access Like Dangote

BUA Cement Also Received Border Access Like Dangote

SAN FRANCISCO, November 10, (THEWILL) – It has been revealed that BUA Cement also received approval to export cement through the country’s borders like Dangote Cement.

This comes after it was revealed that Dangote had received approval to export cement through the land borders to Niger and Togo.

THEWILL recalls that the government gave permission to Dangote Cement to begin exports across its land borders, indicative that the government might be on the verge of reopening trade with neighbouring countries after shutting access over a year ago.

Glo

The approval for the cement manufacturer to commence export to Niger and Togo in the third quarter, the first time in ten months, was revealed by Michel Puchercos, Chief Executive Officer (CEO) Dangote Cement, at an investor call in Lagos.

The CEO attributed the president’s authorization as the factor responsible for the company’s ability to resume cross-border export.

For BUA, a June 18 letter signed by Victor Dimka, comptroller (enforcement headquarters) for deputy comptroller-general, conveyed the news saying it was from the Office of the National Security Adviser (ONSA).

“I am directed to forward herewith a letter from the Office of the National Security Adviser referenced NSA/227/C dated June 17, 2020, on the above subject matter,” the letter read.

“The trucks will exit and return through Illela Border Station in Sokoto State.

“You are to monitor the movement towards ensuring that they are loaded only with cement to the Niger Republic and return empty back to Nigeria.”

The closure, which is meant to boost local production and strengthen security, has taken a significant toll on neighbouring countries such as Togo, Ghana, and Cote D’Ivoire that rely on Nigeria’s market of over 200 million people.

  Ask ZiVA 728x90 Ads

More like this
Related

EFCC Reiterates Commitment To Fight Corruption

July 08, (THEWILL) – The Economic and Financial...

NNPC Blames Fuel Queues On Thunderstorm, Assures Of Improved Supply

July 08, (THEWILL) – The Nigerian National Petroleum...